CSX beats Q1 EPS estimates but misses revenue, stock jumps 6.35% in after-hours trading

CSX reported first-quarter earnings of 43 cents per share, beating analyst estimates of 39 cents by over 10%. However, revenue came in slightly below expectations at $3.48 billion versus the $3.49 billion forecast. The company saw a 2% revenue increase year-over-year driven by higher merchandise pricing, intermodal volume growth, and increased domestic coal and fuel surcharge revenues, despite a drop in export coal revenue. Total volume rose 3% compared to Q1 2025. Following the report, CSX stock rose 6.35% to $45.92 in after-hours trading, reflecting investor optimism despite mixed results.